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20140426
20140504
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CNBC 2
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CNBC
Apr 30, 2014 6:00am EDT
. germa germany seem siemens isn't accepting that bid. >> reporter: they can solicit unsolicited bids. to that end, siemens is ready to sweeten an earlier bid, offering to swap some not all of the power assets along with cash. they called ge's offer compelling, alstom has untildown kd 2nd to make a decision. it would then seek approval of the company shareholders as well as the labor board. alstoms largest expects if offer. if approved it will immediately add to the companyings earnings eight to ten cents a share. it will mean that 75% of ge's operating mar jens will come from its industrial operations by 2016. that's important because it's targeted 70% of margins from industrial operations. so that allows it to exceed that goal. it sees $1.2 billion in cost savings. the therm am renewables and businesses would be the biggest acquisition of the ceo's 13.5 year tenure. in a statement. they say it furthers ge's strategy of expanding into industrial businesses leak power and water. now, when news of the ge bid first leaked, alstom is considered an industrial treasure. politicians were al
CNBC
Apr 28, 2014 6:00am EDT
if we have shown the stock, but you can see that trading slightly up, 31.02 is the number. and germany's british consumer giant ricket is said to be among the final contenders. merck's cop summer unit is best known for coppertoen sunscreen and claritin. >> for rickets. >> for rickets? >> yeah. >> thank you. i know where you are going with that. >> i'm not going anywhere. i missed you. i i am just glad you are here. i'm glad you are not in the seminary here, which would be a shocker. anyway, that was a big day. >>> we have another big deal. this is a european situation. >> you go up against the -- over here we might be a little bit nationalistic about some of our companies, like i didn't want the bacon. and bacon is like $12 a pound now. you don't have to say i was right about that, but we didn't want to sell smith view. nothing happens with the final say. >> it's always been that way in france. >> i know. i'm not surprised. >> this is just like welcome to france, welcome to the world. >> they didn't want to sell yogurt. now this is the crown jewel of the industrial -- do they have anyt
Search Results 0 to 1 of about 2